SMHX vs. WBIL ETF Comparison

Comparison of VanEck Fabless Semiconductor ETF (SMHX) to WBI Large Cap Tactical Select Shares (WBIL)

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.23

Average Daily Volume

27,188

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIL

WBI Large Cap Tactical Select Shares

WBIL Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$35.83

Average Daily Volume

1,627

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHX	WBIL
30 Days	-1.61%	1.80%
60 Days	6.85%	4.88%
90 Days		6.90%
12 Months		21.83%

3 Overlapping Holdings

Symbol	Grade	Weight in SMHX	Weight in WBIL	Overlap
MRVL	B	4.87%	4.78%	4.78%
NVDA	B	22.39%	3.63%	3.63%
QCOM	F	4.39%	1.99%	1.99%

SMHX Overweight 18 Positions Relative to WBIL

Symbol	Grade	Weight
AVGO	C	14.4%
SNPS	C	5.08%
CDNS	B	4.6%
AMD	F	4.13%
ARM	F	3.9%
RMBS	C	3.62%
CRUS	F	2.98%
LSCC	D	2.92%
PI	D	2.72%
MPWR	F	2.57%
POWI	D	2.25%
SLAB	F	1.89%
AMBA	B	1.67%
SIMO	F	1.55%
ALGM	F	1.54%
SITM	B	1.47%
SYNA	C	1.47%
SMTC	C	1.4%

SMHX Underweight 41 Positions Relative to WBIL

Symbol	Grade	Weight
AMP	A	-4.99%
CRWD	B	-4.74%
SCHW	A	-4.7%
AAPL	C	-4.45%
FI	A	-4.3%
LULU	C	-4.2%
PINS	F	-3.9%
UBER	C	-3.79%
EA	A	-3.74%
AMZN	B	-3.17%
CRM	A	-2.49%
BX	A	-2.33%
FICO	A	-2.28%
INTU	A	-2.16%
BR	A	-2.14%
PWR	A	-2.12%
COST	B	-1.99%
RMD	C	-1.97%
ABBV	F	-1.94%
URI	B	-1.91%
LRCX	F	-1.86%
TYL	B	-1.8%
SBUX	A	-1.78%
PM	A	-1.75%
MELI	D	-1.7%
FAST	B	-1.08%
GWW	A	-1.07%
NFLX	A	-1.04%
PAYX	B	-1.04%
PH	A	-1.02%
META	C	-0.97%
TJX	A	-0.93%
TT	A	-0.87%
SPOT	A	-0.86%
ANET	C	-0.85%
AGZD	A	-0.74%
FLTR	A	-0.73%
FALN	A	-0.72%
FTSL	A	-0.67%
STIP	C	-0.52%
BKLN	A	-0.32%